How a S$50m investment spells hope

1. What do you think was the most significant thing that happened this week?

The story wasn't front page stuff. But the opening of two facilities in Yishun by Hong Kong-listed semiconductor giant ASM Pacific Technology this week was significant.

The firm, which calls Singapore its global headquarters, had invested more than S$50 million in the two new facilities. One is a new building to consolidate two major business segments together. Another is an innovation centre, the company's first outside Germany, for its customers to run tests, say on built-in electronics for cars.